Citigroup begins layoffs as part of CEO Jane Fraser’s corporate overhaul
Citigroup will soon begin layoffs in CEO Jane Fraser’s corporate overhaul, CNBC has learned. Employees affected by the cuts will…
Threats against election workers driving exodus of veteran staff, experts say
WASHINGTON — Physical and cyber threats against election workers are driving people away from the industry, potentially endangering the ability…
A meteoric rise in worker health costs has slowed — but they’re already ‘egregious,’ advisor says
Costs for some key health insurance components have slowed for workers in recent years. While the deceleration is a positive…
Here’s where the jobs are for October 2023 — in one chart
The October jobs report showed a cooling labor market in the U.S., with many sectors showing minimal or negative growth…
Unemployment among Hispanic workers rises at faster pace in October than overall rate
The labor market showed greater deterioration for Hispanic workers, whose unemployment rate rose more than that of the U.S.’, according…
One paycheck not enough: Digital bank Current finds almost half its customers have multiple jobs
The need for second — and often third — incomes is mounting, according to a top digital bank executive. Current…
Reid Hoffman-backed PAC may fund primary campaign against progressives Rashida Tlaib, Cori Bush
A political action committee funded largely by LinkedIn co-founder Reid Hoffman may be on the brink of launching a primary…
Labor costs show surprise decline in the third quarter
The cost of labor unexpectedly declined in the third quarter, providing at least some relief on the inflation front, the…
Biden administration to crack down on ‘junk fees’ in retirement plans
The Biden administration is cracking down on so-called “junk fees” in retirement accounts. The U.S. Department of Labor on…
Why working longer is a bad retirement plan
Working longer is among the best ways to ensure you don’t outlive your retirement savings. The problem is, you can’t…
